LGT Capital Partners LTD. Takes $29.36 Million Position in Xylem Inc. $XYL

LGT Capital Partners LTD. bought a new stake in Xylem Inc. (NYSE:XYL) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 226,974 shares of the industrial products company’s stock, valued at approximately $29,361,000. Xylem comprises about 1.3% of LGT Capital Partners LTD.’s holdings, making the stock its 27th largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Maseco LLP acquired a new stake in shares of Xylem during the second quarter worth about $31,000. ST Germain D J Co. Inc. lifted its stake in Xylem by 950.0% in the second quarter. ST Germain D J Co. Inc. now owns 252 shares of the industrial products company’s stock valued at $33,000 after buying an additional 228 shares during the last quarter. Signature Resources Capital Management LLC acquired a new stake in shares of Xylem in the second quarter valued at approximately $39,000. Headlands Technologies LLC grew its position in shares of Xylem by 90.6% during the first quarter. Headlands Technologies LLC now owns 305 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 145 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Xylem in the 1st quarter valued at $40,000. 87.96% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Xylem

In other Xylem news, Director Victoria D. Harker sold 1,700 shares of Xylem stock in a transaction dated Tuesday, November 4th. The shares were sold at an average price of $148.14, for a total transaction of $251,838.00. Following the completion of the transaction, the director owned 16,875 shares in the company, valued at approximately $2,499,862.50. The trade was a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Geri-Michelle Mcshane sold 1,000 shares of the company’s stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $139.96, for a total transaction of $139,960.00. Following the completion of the sale, the chief accounting officer directly owned 2,957 shares in the company, valued at $413,861.72. This trade represents a 25.27% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 13,121 shares of company stock worth $1,982,459. 0.27% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

XYL has been the topic of several research reports. Citigroup raised their price objective on shares of Xylem from $173.00 to $182.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Cowen reissued a “hold” rating on shares of Xylem in a research note on Tuesday, August 26th. Zacks Research upgraded shares of Xylem from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Robert W. Baird set a $178.00 price target on shares of Xylem in a research note on Wednesday, October 29th. Finally, Barclays lifted their price target on Xylem from $165.00 to $172.00 and gave the company an “overweight” rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Xylem has an average rating of “Moderate Buy” and a consensus price target of $166.90.

Xylem Price Performance

Shares of NYSE:XYL opened at $142.58 on Friday. The firm has a market capitalization of $34.71 billion, a price-to-earnings ratio of 36.65, a price-to-earnings-growth ratio of 2.50 and a beta of 1.15. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.96 and a quick ratio of 1.43. The business’s 50 day simple moving average is $146.17 and its 200-day simple moving average is $136.78. Xylem Inc. has a 12 month low of $100.47 and a 12 month high of $154.27.

Xylem (NYSE:XYL) last issued its quarterly earnings data on Tuesday, October 28th. The industrial products company reported $1.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.14. Xylem had a return on equity of 10.77% and a net margin of 10.66%.The firm had revenue of $2.27 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same period in the previous year, the firm posted $1.11 earnings per share. Xylem’s revenue was up 7.8% on a year-over-year basis. Xylem has set its FY 2025 guidance at 5.030-5.080 EPS. As a group, equities analysts forecast that Xylem Inc. will post 4.65 earnings per share for the current fiscal year.

Xylem Profile

Xylem Inc, together with its subsidiaries, engages in the design, manufacture, and servicing of engineered products and solutions worldwide. It operates through four segments: Water Infrastructure, Applied Water, Measurement & Control Solutions, and Integrated Solutions and Services. The Water Infrastructure segment offers products, including water, storm water, and wastewater pumps; controls and systems; filtration, disinfection, and biological treatment equipment; and mobile dewatering equipment and rental services under the ADI, Flygt, Godwin, Sanitaire, Magneto, Neptune Benson, Ionpure, Leopold, Wedeco, and Xylem Vue brands.